The currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 24.800000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 25.510000000 |
| Next High | 24.800000000 |
| Current Price | 24.440000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
24.800000000 – 23.610000000 – 23.700000000 – 24.020000000 – 23.040000000 – 22.190000000 — 46.688649318065 – 51.309556008612
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom chart pattern – –